Enterprisers can open various types of companies in different industries in Vietnam. The choice is usually made based on the amount one wants to invest, the qualifications or experience, but also on an analysis of the market or a feasibility study. As a matter of fact, in the case of foreign…
Starting a business in Vietnam can be a very good idea given the fact that this country is one of the most prolific economies in Asia. During the last several years, industries like IT, accounting, manufacturing, trading and research and development have grown quite a lot. However, in order to open a Vietnamese company in…
The new Enterprise Law and Investment Law which were both adopted in 2014 apply to foreign-invested and local companies in Vietnam. These laws confer the legal frame for an equal treatment in most of the economy industries. In this article, our company formation consultants in Vietnam explain a few key aspects related…
Foreign citizens who intend to reside in the country for a prolonged period of time must obtain a permanent residence permit in Vietnam. As follows, our company formation consultants in Vietnam present several aspects related to obtaining this permit here. Who qualifies for the permanent residence card in Vietnam? Foreign citizens who have…
There are many appealing industries in which foreign investors coming to Vietnam can open companies. Among these, tourism, trading, retail and real estate are some of the most important. These are also some of the economic sectors open to foreign investments. The real estate industry in Vietnam, for example, has expanded thanks to the massive development of tourism…
Foreign investors who want to start a business in Vietnam have various choices in matter of industries they can operate in. Among these industries, tourism and retail are two of the most profitable ones. Most of the times, enterprisers decide to open retail companies in Vietnam because of the less stringent requirements and because full foreign ownership is permitted.…
The IT market in Vietnam is quite new, however, it has seen a rapid development. Even though the country connected to the internet in 1997, by the end of 2001, the subscriber numbers were assessed at approximately 165,000. One year later, after a price reduction, the user numbers increased to more than one million. …
The Vietnam tobacco industry has a production capacity of approximately 5,800 million packs per year, which is used at around 70% to 80% of its capacity. The cigarette output of the sector has been rising since 2000, mainly because of investments which were made in the tobacco growth, processing and production equipment,…
Vietnam is a developing market for food products, being still large enough for a lot of investors, as well as newcomers. To be successful in this fast sector, where the competition is increasing, businesses have to understand better the consumer demands and generate an exciting experience for their customers. In…
Vietnam is one of the most appreciated touristic destinations in Southeast Asia, which is why many foreign investors open companies in this industry. From travel agencies to hotels and restaurants, tourism is one of the most prolific sectors of Vietnam’s economy. The great number of visitors have also determined many private companies, as well…
